Page 6 - Icici Lombard

Street finds discomfort in ICICI Lombard-Bharti Axa merger deal

Bharti Axa's weak underwriting and high combined ratio are earnings dilutive, while valuations are on the higher side

Financial stocks lift indices, Sensex gains 364 pts; Nifty ends at 11,466

All that happened in the markets today

In share swap deal, ICICI Lombard to acquire Bharti AXA General Insurance

In a share swap deal, non-life insurer ICICI Lombard General Insurance Company will acquire the business of Bharti AXA General Insurance Company Ltd

Bharti AXA, ICICI Lombard ink definitive pact to merge non-life businesses

The combined entity, with an expected market share of 8.7 per cent in the non-life business, would be the third-largest non-life insurer in the general insurance business

ICICI Lombard Q1 net profit up 28% at Rs 398 cr but GDPI dips 5.3%

The combined ratio stood at 99.7 per cent compared to 100.4 per cent in the same period, primarily driven by Covid-19 pandemic despite losses incurred due to catastrophic events

Sensex surges 548 points amid broad-based buying; Nifty ends above 10,900

All that happened in the markets today

Axis Bank gets approval to raise up to Rs 15,000 cr to tide over Covid-19

In a meeting held on Thursday, the private lenders' board approved the capital raising plan through issue of equity shares/ depository receipts or any other instrument or securities

Digitised selling, servicing of insurance get a fillip amid pandemic

Insurers have made a leap from manual paper-bound process to end-to-end paper-less or digital-based selling through all the channels of distribution

Top headlines: RIL becomes net debt free, ICICI Bank's stake sale and more

From Reliance Industries net debt free to India-China border clash, here are the top headlines of the day

Can't deny health claims for policies beyond 8 years, says Irdai

Non-disclosure not a valid ground after moratorium period

ICICI Lombard pares waiting period, adds home care facility in health plans

Waiting period for bew customers reduced from 30 days to 15 days for covid-related claims with no hike in premium. Claims related to other illness will still have a 30-day waiting period

Urgent need to standardise rates in hospitals: ICICI Lombard MD & CEO

The reason we need standardisation is because it will smoothen the process for customers as there won't be any dispute with hospitals, says Bhargav Dasgupta, ICICI Lombard MD & CEO

ICICI Lombard Q4 results: There's no insurance cover against slowdown

Premium income (excluding crop biz) lagged industry growth in Q4

ICICI Lombard's pre-tax profit up 7% in Q4 on improved loss ratio

Underwriting losses narrowed down to Rs 29.42 crore in Q4FY20, from Rs 49.70 crore a year ago

Flipkart, ICICI Lombard offer health plan for Covid-19 with instant claim

'Covid-19 Protection Cover' provides an instant Rs 25,000 benefit plan for to the customer if he tests positive for Covid-19

Star Health, ICICI Lombard launch policies to cover Covid-19 patients

The cases of coronavirus are increasing rapidly across the world with the count crossing 245,749 globally and 195 in India

Pay as you go: Irdai initiave aims to attract low-mileage car user

The idea behind such policies seems to be - lower the mileage, lower is the probability of an accident

Realme PaySa, ICICI Lombard come together to enrol insurance customers

According to the company, the policy administered as a group policy, can be taken from the Realme PaySa mobile APP pure digitally and does not require any documentation

Stock recommendations from Anand Rathi: Buy SRF, Coromandel International

Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

New India Assurance vs ICICI Lombard: Size fails to beat profitability

With segments such as motor, health, fire and crop insurance being the stronghold of both players, they have nearly the same product profile